Numaligarh Refinery Not to be Privatised, Will Remain under Govt

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Numaligarh Refinery Not to be Privatised, Will Remain under Govt

G Plus News | November 21, 2019 11:36 hrs

GUWAHATI: Indian Government has decided not to disinvest the Numaligarh Refinery Ltd (NRL). The decision was taken by Prime Minister Narendra Modi on Wednesday, November 20.

Union Finance Minister Nirmala Sitharaman stated that the cabinet approved the strategic disinvestment of oil refiner and Bharat Petroleum Corporation (BPCL), but NRL will be carved out before the stake sale and it will not be disinvested.

In regard to the decision, Chief Minister Sarbananda Sonowal stated that, “My heartfelt thanks to Prime Minister Narendra Modi Ji for once again keeping aspirations of Assam at the foremost.”

“Numaligarh Refinery is our pride and I also thank Finance Minister Niramala Sitharaman Ji, Dharmendra Pradhan Ji and the Union Cabinet for retaining it with the Government.” He added.
 

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File Pic: Numaligarh Refinary

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